The jackpot for the Powerball draw on Wed Oct 22, 2025, is projected to be $320 Million, with an option for a cash payout of $152.2 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For North Dakota residents, the state will deduct 2.9% from your lottery earnings.
| North Dakota Powerball Jackpot/Cash Option for Wed Oct 22, 2025 |
|---|
| Draw Date | Wed Oct 22, 2025 | | Projected Jackpot | $320,000,000 | | Cash Value | $152,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $152,200,000 | | Federal Tax(24%) | $36,528,000 | | Additional Federal Tax | $19,746,330 | | State Tax(2.9%) | $4,413,800 | | Net Lumpsum Payment | $91,511,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,816,320 |
$1,742,369
$139,673 |
$2,934,278 |
| 2 |
$5,057,280 |
$1,831,524
$146,661 |
$3,079,095 |
| 3 |
$5,310,080 |
$1,925,060
$153,992 |
$3,231,028 |
| 4 |
$5,575,680 |
$2,023,332
$161,695 |
$3,390,653 |
| 5 |
$5,854,400 |
$2,126,458
$169,778 |
$3,558,164 |
| 6 |
$6,147,200 |
$2,234,794
$178,269 |
$3,734,137 |
| 7 |
$6,454,400 |
$2,348,458
$187,178 |
$3,918,764 |
| 8 |
$6,777,280 |
$2,467,924
$196,541 |
$4,112,815 |
| 9 |
$7,116,160 |
$2,593,310
$206,369 |
$4,316,481 |
| 10 |
$7,472,000 |
$2,724,970
$216,688 |
$4,530,342 |
| 11 |
$7,845,440 |
$2,863,143
$227,518 |
$4,754,779 |
| 12 |
$8,237,760 |
$3,008,302
$238,895 |
$4,990,563 |
| 13 |
$8,649,600 |
$3,160,682
$250,838 |
$5,238,080 |
| 14 |
$9,082,240 |
$3,320,759
$263,385 |
$5,498,096 |
| 15 |
$9,536,320 |
$3,488,769
$276,553 |
$5,770,998 |
| 16 |
$10,013,120 |
$3,665,185
$290,380 |
$6,057,555 |
| 17 |
$10,513,600 |
$3,850,362
$304,894 |
$6,358,344 |
| 18 |
$11,039,360 |
$4,044,894
$320,141 |
$6,674,325 |
| 19 |
$11,591,360 |
$4,249,134
$336,149 |
$7,006,077 |
| 20 |
$12,170,880 |
$4,463,556
$352,956 |
$7,354,368 |
| 21 |
$12,779,520 |
$4,688,753
$370,606 |
$7,720,161 |
| 22 |
$13,418,560 |
$4,925,198
$389,138 |
$8,104,224 |
| 23 |
$14,089,280 |
$5,173,364
$408,589 |
$8,507,327 |
| 24 |
$14,793,920 |
$5,434,081
$429,024 |
$8,930,815 |
| 25 |
$15,533,440 |
$5,707,703
$450,470 |
$9,375,267 |
| 26 |
$16,310,400 |
$5,995,178
$473,002 |
$9,842,220 |
| 27 |
$17,125,760 |
$6,296,862
$496,647 |
$10,332,251 |
| 28 |
$17,982,080 |
$6,613,700
$521,480 |
$10,846,900 |
| 29 |
$18,881,280 |
$6,946,404
$547,557 |
$11,387,319 |
| 30 |
$19,825,280 |
$7,295,684
$574,933 |
$11,954,663 |
|
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